(COQUITLAM) August 27, 2024 — The Tri-Cities Chamber of Commerce applauds the significant investment by BC Hydro in local power infrastructure to meet the needs of the region's economic growth and rise in population.
As part of its 10-year capital plan, BC Hydro will construct $360 million worth of capital projects in Coquitlam, Port Coquitlam, Port Moody and Anmore over the next decade. The projects will upgrade and expand the electricity grid, and provide clean power for businesses, homes, and growing electrification and transportation needs.
“The Tri-Cities business community welcomes this significant investment by BC Hydro to power our growing economy and growing communities for decades to come," said Tri-Cities Chamber CEO Leslie Courchesne. "These projects for the Tri-Cities will expand our power grid and ensure our region has sustainable access to clean energy.”
"A strong economy and a healthy business environment are essential to funding the infrastructure and public services that our communities rely on. The provincial government and the crown corporations they own can only fund major infrastructure projects and public services if businesses enjoy a healthy investment climate. As we head into the BC general election this Fall, we urge the next provincial government to focus on economic growth so that businesses can prosper, British Columbians thrive and communities flourish," she said.
The Tri-Cities Chamber is neutral in all elections, as it is stated in its bylaws to not support any particular party for public office. As the voice of business for Coquitlam, Port Coquitlam, Port Moody, Anmore and Belcarra, the Tri-Cities Chamber advocates on behalf of its members with all levels of government, on issues that affect business, community, and economic prosperity in our region.
For more information on the BC Hydro projects announced for the Tri-Cities, read the BC Government news release here.
-30-
Since 1971, the Tri-Cities Chamber of Commerce has been the largest business association serving Coquitlam, Port Coquitlam, Port Moody, Anmore, and Belcarra, now representing 1,300+ organizations from every sector. The Chamber works to foster economic development, provide connections and benefits, and influence public policy at all levels of government to ensure strong business and strong communities. The Tri-Cities Chamber is an active member of the BC and Canadian Chambers of Commerce.
For more information, contact:
Leslie Courchesne, Chief Executive Officer
Tri-Cities Chamber of Commerce
ceo@tricitieschamber.com
604.468.6870